Please find enclosed herewith an Investors'' Release dated October 24, 2026, specifying the summary of Financial performance and other developments for the quarter ended September 30, 2026

October 24, 2026 BSE Limited The National Stock Exchange of India Limited P.J. Towers Exchange Plaza Dalal Street Bandra Kurla Complex Mumbai - 400 001 Bandra (E) Mumbai - 400 051 Dear Sir, Sub.: Investors’ Release Pursuant to the provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed herewith an Investors’ Release dated October 24, 2026, specifying the summary of financial performance and other developments for the quarter/half year ended September 30, 2026. This is for your information and record. Thanking you, For Kajaria Ceramics Limited Vinit Kumar General Counsel & Company Secretary Encl.: As above KAJARIA CERAMICS LIMITED INVESTOR UPDATE | Q2 FY27 24th October, 2026 1 of 18 KAJARIA CERAMICS LIMITED INVESTOR UPDATE | Q2 FY27 CONTENT ✓Chairman’s Message ✓Financial Performance – Q2 FY27 ✓Subsidiaries Update ✓Expansions on card ✓Income Statement ✓Shareholding Pattern Note: The Company has disclosed the plywood operations (Kajaria Plywood Pvt. Ltd.) separately as discontinued business but for ease of comparison, we have included the same in this presentation 2 of 18 KAJARIA CERAMICS LIMITED INVESTOR UPDATE | Q2 FY27 CHAIRMAN’S MESSAGE In Q2 FY27, we achieved 10% YoY volume growth, led by better demand and gain in market share. However, export demand in H1FY27 remained subdued, with elevated freight rates and limited container availability continuing to pose challenges for manufacturers in Morbi. Our consolidated revenue grew by 24% YoY to INR 1468 crores, supported by healthy volumes and the market’s positive response to price hikes. EBITDA margin for Q2 FY27 stood at 19.5%. Our capacity expansion plans at Srikalahasti (12.50 MSM, increased from 10 MSM) and Gailpur (11 MSM) remain on track. These facilities are expected to strengthen our manufacturing capabilities and enable us to deliver high- quality products at competitive costs. Looking ahead, we remain confident in our ability to sustain healthy growth, strengthen our market position and create long-term value for all stakeholders. 3 of 18 KAJARIA CERAMICS LIMITED INVESTOR UPDATE | Q2 FY27 TILE VOLUME DATA (Consolidated) Production Growth (MSM) - Q2 FY27 Production Growth (MSM) - H1 FY27 43.82 42.31 22.94 20.88 12.57 12.30 6.76 6.09 30.01 31.25 16.18 14.79 Q2 FY26 Q2 FY27 H1 FY26 H1 FY27 Own Manufacturing Subsidiaries Own Manufacturing Subsidiaries Sales Growth (MSM) –Q2 FY27 Sales Growth (MSM) – H1 FY27 31.81 28.87 56.05 60.62 7.77 14.90 6.91 13.59 7.03 13.11 6.30 12.04 17.01 15.66 30.42 32.61 Q2 FY26 Q2 FY27 H1 FY26 H1 FY27 Own Manufacturing Subsidiaries Outsource Own Manufacturing Subsidiaries Outsource 4 of 18 KAJARIA CERAMICS LIMITED INVESTOR UPDATE | Q2 FY27 REVENUE GROWTH (Consolidated) 169.00 Rs. / Crores 2796.34 76.83 98.98 386.20 92.21 1468.26 363.47 245.09 1102.5735.67 91.02 - 94.51 53.92 315.51 261.21 123.59 2290.89 57.09 83.71 - 110.53 193.86 - 617.88 1186.56 9911..4477 2.14 32.17 91.47 91.47102.39 328.50 0.55 488.26 Adheshives Adheshives 250.20 Sanitary ware / Faucets Sanitary ware / Faucets 509.16 Plywood Plywood 268.05 Outsourcing (Tiles) Outsourcing (Tiles) 425.88 Subsidiaries (Tiles) Subsidiaries (Tiles) 221.52 Own Manufacturing (Tiles) Own Manufacturing (Tiles) 1325.23 694.20 1123.66 579.73 Q2 FY26 Q2 FY27 H1 FY26 H1 FY27 5 of 18 KAJARIA CERAMICS LIMITED INVESTOR UPDATE | Q2 FY27 PROFITABILITY (Consolidated) PBT* PAT Rs. / Crores 189.52 253.88 132.96 180.68 Q2 FY26 Q2 FY27 Q2 FY26 Q2 FY27 484.11 358.98 241.94 329.70 H1 FY26 H1 FY27 H1 FY26 H1 FY27 *Profit before share of profit /(loss) from JV and exceptional items 6 of 18 KAJARIA CERAMICS LIMITED INVESTOR UPDATE | Q2 FY27 EBITDA/EBITDA Margin (Consolidated) Quarterly Progression 19.60% 19.51% 19.19% 20% 17.94% 17.20% s e 286.50 r C 263.52 260.33 /.s150 212.90 200.90 50 5% Q2 FY26 Q3 FY26 Q4 FY26 Q1 FY27 Q2 FY27 EBITDA (Rs. / Crores) EBITDA Margin (%) 7 of 18 KAJARIA CERAMICS LIMITED INVESTOR UPDATE | Q2 FY27 KEY RATIOS (Consolidated) Net Debt (Rs.Crore) * Net Debt Equity(X) * Mar-24 Mar-25 Mar-26 Sep-26 Mar-24 Mar-25 Mar-26 Sep-26 -349 -0.13 -424 -0.15 -0.21 -635 -0.25 -793 * Net of cash and cash equivalents 8 of 18 KAJARIA CERAMICS LIMITED INVESTOR UPDATE | Q2 FY27 KEY RATIOS (Consolidated) Working Capital (Rs. Crore) Return on Equity (Avg.) 643 628 23.68 21.42 551 564 17.06 16.71 15.57 368 357 302 320 Sep-25 Dec-25 Mar-26 Jun-26 Sep-26 Sep-25 Dec-25 Mar-26 Jun-26 Sep-26 Debtors Inventory Creditors Working Capital (Days) ROCE(Avg.) 29.87 28.08 65 23.87 22.04 22.24 46 48 Sep-25 Dec-25 Mar-26 Jun-26 Sep-26 Sep-25 Dec-25 Mar-26 Jun-26 Sep-26 • ROE for quarter has been taken at average of net worth of preceding FY and respective quarter and on the PAT for current quarter. • ROCE for the quarter has been taken at average of capital employed at preceding FY (excluding cash & bank balance) and respective quarter and on the PBIT for current quarter. • Working capital days excludes capex creditors, capital advances and cash, cash equivalent & bank balance. 9 of 18 KAJARIA CERAMICS LIMITED INVESTOR UPDATE | Q2 FY27 SUBSIDIARIES A. KAJARIA VITRIFIED PVT. LTD. Kajaria Vitrified Pvt. Ltd. is based in Morbi (Gujarat). Kajaria has 95% stake in the same. The company has annual capacity of 8.90 MSM of polished vitrified tiles. The Company has operated at optimum capacity during Q2 FY27. B. KAJARIA INFINITY PVT. LTD. Kajaria Infinity Pvt. Ltd. is based in Morbi (Gujarat). Kajaria Ceramics has 84.59% stake in the same. Kajaria Infinity has annual capacity of 3.00 MSM (reduced from 5.70 MSM) of glazed vitrified tiles and operated at optimum capacity during Q2 FY27. C. SOUTH ASIAN CERAMICS TILES PVT. LTD. Kajaria Ceramics has 59.50% stake in South Asian Ceramics Tiles Pvt. Ltd., Telangana. The Annual production capacity of South Asian Ceramics is 4.75 MSM ceramic floor tiles. The Company has operated at optimum capacity during Q2 FY27. D. KAJARIA SURFACES PVT. LTD.* Wholly owned subsidiary of the company situated at Morbi (Gujarat). The company has annual capacity of 6 MSM of glazed vitrified tiles. The Company has Operated at optimum capacity during Q2 FY27. 10 of 18 KAJARIA CERAMICS LIMITED INVESTOR UPDATE | Q2 FY27 SUBSIDIARIES E. KAJARIA BATHWARE (P) LTD. (KBPL) Kajaria Bathware is a subsidiary of Kajaria Ceramics Ltd, in which Kajaria owns 85% and Aravali Investment Holdings (Aravali), Mauritius, a wholly-owned subsidiary of WestBridge Crossover Fund, LLC owns 15% stake (CCPS). The Board, at its meeting held on 30 April 2026 approved to acquire these CCPS from Aravali for a total consideration of Rs. 50 crore. The transaction is completed in Q2 FY27. a) Sanitaryware: i) Kajaria Sanitaryware Pvt. Ltd. (KSPL): KSPL Plant is situated in Morbi (Gujarat) having production capacity of 7.50 lac pcs p.a. The Company has operated at 54% in Q2FY27. ii) Kerovit Global Pvt. Ltd. (KGPL): KGPL Plant is also situated in Morbi (Gujarat) having production capacity of 4.50 lac pcs p.a. The Plant has operated at 42% in Q2FY27. b) Faucet: This facility is situated at Gailpur (Rajasthan) having 1.60 million pcs p.a. The Company has operated at optimum capacity in Q2FY27. 11 of 18 KAJARIA CERAMICS LIMITED INVESTOR UPDATE | Q2 FY27 SUBSIDIARIES F. KAJARIA INTERNATIONAL FZCO (wholly owned subsidiary) Kajaria International FZCO was established to expand its presence in the international market. The company has undertaken two joint ventures – one in UAE and the other in UK. We have closed down this operation of UK venture. G. KAJARIA RAMESH TILES LIMITED - KRTL (50% Joint Venture) KRTL is a 50% JV between the Company and various individuals affiliated with Ramesh Corp, Nepal. The Annual production capacity of KRTL is 5.10 MSM floor and wall tiles. Plant has operated at 85% in Q2FY27. 12 of 18 KAJARIA CERAMICS LIMITED INVESTOR UPDATE | Q2 FY27 SUBSIDIARIES / DIVISION H. ADHESIVE SEGMENT One manufacturing facility for tile adhesives having capacity of 9000 MT per month is operational in Gailpur [Showing first 8,000 characters — download PDF for full document]